2-2 Final Project Milestone One- Introduction

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Feb 20, 2024

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1 2-2 Final Project Milestone One: Introduction Myriah Iles SNHU Dr. Derek Holbert November 20 th , 2022
2 Introduction For our final project in this course, we have been tasked with creating an information technology incident report. The information technology report that I have chosen to create is based on Twitter, a social media platform/e-communication entity. In July 2020, Twitter fell victim to a massive spearfishing attack in which the attackers were able to obtain the credentials of Twitter’s remote workers. Once the credentials were stolen, they were used to wreak havoc on Twitter’s users, administrators, and the organization as a whole (ITP.Net, 2020).
3 Introduction: Application of Cyber Principles Information technology law, or cyberlaw, is the branch of law pertaining to the internet and computers. This branch of law can be considered newer in its creation with its birth coming to within the twenty-first century along side the explosive utilization of the internet, computers, and wireless technology (Information technology law [cyberlaw], 2022). Cyberlaw essentially deals with the internet, encompassing cases, statutes, regulations, and disputes that affect individuals and businesses interacting through the utilization of computers or computer devices (Craig, 2010). Cyberlaw itself encompasses law and security principles which include: conducting risk assessments, implementing and information security system, creating a cyber risk management policy(ies), managing third party vendors, providing employees with routine cyber security training(s), and implementing an incident or threat reporting program. Introduction: Summary of Case The incident that I have chosen to report on is the Twitter breach which occurred in July of 2020. Twitter is one of the top social media/ e-communication platforms which is a publicly traded technology company worth approximately $37 billion. The platform itself has over 330 million total monthly active users and over 186 million active daily users, thus making it a powerhouse in how we communicate and receive information. During this incident, a group of hackers breached Twitter’s network by spear-phishing Twitter’s remote workers, gaining their trust, and obtaining their credentials. Once those credentials were received, the attackers gained control of twitter accounts utilized by high-profile users such as Elon Musk, Barack Obama, Kim Kardashian, Jeff Bezos, and other politicians, cryptocurrency companies, celebrities, and
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4 entrepreneurs. Once the accounts were taken over, they tweeted spam under the moniker of “double your bitcoin”. In monetary value, the hackers were able to obtain more than $118,000 worth of bitcoin. Social media has become near essential in today’s world for communications, business efforts, and news media efforts. This incident’s occurrence happening, to such a large entity, amplifies the importance of a strong cybersecurity presence within social media platforms. The lack of a strong cyber security presence can prove to be detrimental to not only the organization, but also to society as a whole (Twitter investigation report, 2020).
5 References Craig, B. (2012). Cyberlaw: The Law of the Internet and Information Technology. [MBS Direct]. Retrieved from https://mbsdirect.vitalsource.com/#/books/9780133072860/ Information technology law (cyberlaw). (2022). Salem Press Encyclopedia. ITP.Net. 2020. “We Reveal the Biggest Data Breaches of 2020,” September 13. https://search- ebscohost- com.ezproxy.snhu.edu/login.aspx?direct=true&db=edsbig&AN=edsbig.A635286673 &site=eds-live&scope=site. Twitter investigation report. Department of Financial Services. (2020, October 14). Retrieved November 20, 2022, from https://www.dfs.ny.gov/Twitter_Report